Quinzecent Condominiums in Montreal

Name: Sales in Quinzecent Condominiums started!
Start: 2020-10-09T08:00:03.447635+00:00
End: 2023-12-31T23:59:59+0000
Location: Quinzecent Condominiums

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Property for sale in Quinzecent Condominiums — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9791

Finished at	October 2022
Price, m²	From 6900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 41.00 m²
Floors	36
Apartments	428
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Peel 2 min Georges/-Vanier 3 min Lucien-/L'Allier 3 min McGill 4 min Lionel-Groulx 7 min Lionel-/Groulx 7 min Charlevoix 7 min Guy-Concordia 7 min Place-des-Arts 7 min Bonaventure 8 min Sherbrooke 10 min Verdun 11 min LaSalle 11 min Saint-Laurent 11 min Square-/Victoria–OACI 11 min Atwater 12 min De L'Église 12 min Mont-Royal 12 min Jolicoeur 14 min Place-/d'Armes 14 min Berri-/UQAM 16 min Berri-UQAM 16 min Laurier 17 min Champ-de-/Mars 20 min Beaudry 21 min
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

282,900$

Net profit

6,783$

Payback period

31.3 years

Avg property value increase per year

Open ROI calculator

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About the project

At a Good Place. At one of Montreal's most vibrant intersections. A few steps from the Iconic Sainte-Catherine, Sherbrooke and Notre-Dame Streets, where luxury and culture come together in a more than perfect way.

Developer

Our story begins in 2000, when visionary businessman, Kheng Ly, transforms himself from textile business owner into real estate developer an…
Details about Brivia Group